“Things couldn’t be progressing better,” said Abe Pacetti, Vice President of Investments for Regency. “We will continue to pursue retailers that embody the live, work, play environment that is being built in Springwoods Village.”
Momentum for the project has increased since the initial announcement, with the center already being more than 80% leased and committed. The all-star lineup includes six restaurants with space in the Market for five additional concepts. A blend of fast-casual and sit-down dining, the new eateries will offer the surrounding community with more options for breakfast, lunch and dinner.
“When we began to merchandise the center, we identified a need for more dining options in the market,” said Pacetti. “Our efforts were focused on incorporating restaurants at different price points that would appeal to our customers. We will continue to find unique concepts to bring to the Spring community.”
The Market at Springwoods Village, located at the intersection of Holzwarth Road and Grand Parkway, is a 170,000-square-foot project that will seek LEED Silver certification upon completion. Regency formed a joint venture with CDC Houston Inc. to develop, own and manage the first grocery-anchored development in Springwoods Village.
Springwoods Village is a 1,800-acre, mixed-use community situated along the west side of Interstate 45, between Springwoods Village Parkway and the Grand Parkway. Designed for sustainability, when completed the nature-inspired residential and commercial community will provide diverse housing options, civic facilities, outdoor recreation and a 60-acre CityPlace with office space, shopping, dining and lodging in an urban, walkable environment.